Universal Beteiligungs und Servicegesellschaft mbH Makes New $78,000 Investment in Ecovyst Inc. (NYSE:ECVT)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Ecovyst Inc. (NYSE:ECVT) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 12,534 shares of the company’s stock, valued at approximately $78,000.

A number of other institutional investors have also bought and sold shares of ECVT. Vanguard Group Inc. grew its position in shares of Ecovyst by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 10,926,133 shares of the company’s stock valued at $83,476,000 after purchasing an additional 56,142 shares in the last quarter. Shapiro Capital Management LLC grew its position in shares of Ecovyst by 21.9% during the fourth quarter. Shapiro Capital Management LLC now owns 4,830,268 shares of the company’s stock valued at $36,903,000 after purchasing an additional 868,397 shares in the last quarter. Medina Value Partners LLC grew its position in shares of Ecovyst by 44.2% during the fourth quarter. Medina Value Partners LLC now owns 2,742,233 shares of the company’s stock valued at $20,951,000 after purchasing an additional 840,495 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Ecovyst by 8.1% during the first quarter. Harbor Capital Advisors Inc. now owns 2,163,134 shares of the company’s stock valued at $13,411,000 after purchasing an additional 162,690 shares in the last quarter. Finally, Western Standard LLC grew its position in shares of Ecovyst by 79.3% during the fourth quarter. Western Standard LLC now owns 1,251,626 shares of the company’s stock valued at $9,562,000 after purchasing an additional 553,590 shares in the last quarter. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Ecovyst Stock Up 2.4%

Shares of NYSE:ECVT opened at $8.48 on Wednesday. The company has a current ratio of 2.81, a quick ratio of 2.24 and a debt-to-equity ratio of 1.22. Ecovyst Inc. has a 12 month low of $5.24 and a 12 month high of $9.07. The company has a 50-day moving average price of $8.31 and a 200 day moving average price of $7.42. The company has a market cap of $995.55 million, a price-to-earnings ratio of -84.80, a PEG ratio of 0.71 and a beta of 1.18.

Analyst Upgrades and Downgrades

Separately, BWS Financial restated a “buy” rating and set a $12.00 price objective on shares of Ecovyst in a research report on Monday, May 5th.

Ecovyst Profile

Ecovyst Inc offers specialty catalysts and services in the United States and internationally. The company operates in two segments, Ecoservices and Advanced Materials & Catalysts. The Ecoservices segment provides sulfuric acid recycling services and end-to-end logistics for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications.